By Mike Stone U.S. hotel owner Ashford Hospitality Prime Inc. ( AHP.N ) is planning sweeping corporate governance changes including the separation of the chairman and chief executive roles to address shareholder concerns about its performance, people familiar with the matter said....

When Adam Kanzer wanted to stop the board of 3M Co from including the lucrative impact of share buybacks in their chief executive's pay, he quoted Laurence Fink. Sitting atop the world's largest investment fund manager, BlackRock Inc, Fink is a vocal critic of companies' excessive use of share buybacks...

Leaders of top U.S. companies and investment firms on Thursday released a set of governance recommendations meant to encourage long-term economic growth, an unusual step that drew mixed reviews from advocates of deeper corporate reforms ...

A Hershey's chocolate bar is shown in this photo illustration in Encinitas, California, U.S. January 29, 2015. Reuters/Mike Blake/File Photo A board member of the charitable trust that controls Hershey Co ( HSY.N ) has resigned, the fourth such departure in less than 12 months, the trust said on Monday, at a time when the chocolate company is a takeover target for Mondelez International Inc ( MDLZ.O )...

Hershey’s chocolate bars are shown in this photo illustration in Encinitas, California January 29, 2015. Reuters/Mike Blake An elaborate structure put in place to preserve Hershey Co’s ( HSY.N ) ties to its local community has been roiled by scandal, creating an opening that Mondelez International Inc ( MDLZ.O ) seized on to launch a $23 billion bid for the chocolate giant...

Dietary supplements maker Omega Protein Corp's shareholders elected two nominees of activist investor Wynnefield Capital to the company's board, ending a months-long proxy battle. Omega shares rose 1.7 percent to $18.98 in afternoon trading on Tuesday. Wynnefield and its affiliates, which together own about 8 percent stake in Omega, have been asking the company to explore strategic alternatives, including selling itself or its assets.....

In a filing with the Norfolk Probate and Family Court, Dauman and Abrams also asked for a court order requiring the 93-year-old Redstone to provide medical records relating to his mental condition for the past six years. Redstone, who has trouble speaking and needs around-the-clock care, last month removed Dauman and board member George Abrams from the seven-person trust that will control Redstone's majority ownership of media companies Viacom and CBS Corp when he dies or is deemed incapacitated...

Activist investor Artisan Partners has taken a 3.03 percent stake in Deutsche Boerse , the German stock exchange operator said on Wednesday. Deutsche Boerse is in the midst of combining with British peer London Stock Exchange, whose shareholders will vote on the proposed $30 billion merger next month ...

June 15 athenahealth Inc : * athenahealth appoints Tom Szkutak to its board of directors * Szkutak served as senior vice president and chief financial officer at Amazon.com from October 2002 to June 2015 * Appointment of Tom Szkutak, former ......

Gannett Co Inc ( GCI.N ) is waiting for Tribune Publishing Co's TPUB.N. shareholders to vote on the company's board director nominees later on Thursday before making any decision about dropping its bid, a person familiar with the matter said...

The pressure from Starboard Value LP came as Yahoo's board, in a three-day meeting that started on Wednesday, was reportedly weighing a number of options for the troubled company. That includes selling the core business, a source told Reuters, encompassing ...

Investor support for such new director nomination rules, referred to as "proxy access," is growing. The California Public Employees' Retirement System (Calpers) and the New York City Pension Funds have urged shareholders to vote for proxy access at McDonald's, and influential proxy advisory firms Institutional Investor Services and Glass Lewis & Co have recommended that their clients support it...

Nelson Peltz, who runs the $11 billion Trian Management hedge fund, was dealt a rare setback when investors, including pension fund Calpers, sided with DuPont CEO Ellen Kullman to rebuff his attempt to win four board seats and press the company into breaking itself up...

Advisory firm ISS has recommended Deutsche Bank investors vote against approval of the actions of its management board, citing the bank's failings in the Libor rate-rigging scandal and its co-CEO's involvement in a fraud investigation, the Financial Times reported on Thursday...

But he added the firm had hired advisers Perella Weinberg Partners in the event of a more concerted campaign for change from an activist shareholder group, in a sign management is braced for more turmoil. "It never feels good if you don't reach all of...

ISS, recommended that JPMorgan Chase & Co's shareholders vote against the bank's executive compensation plan. JPMorgan's shareholders are scheduled to vote on the bank's executive pay in a non-binding motion at its annual meeting on May 19...

While the stock largely recovered from the pants debacle, some investors say the Vancouver-based company - which holds its annual meeting June 3 - must do more to improve its corporate governance. "There needs to be serious reform on this board," said ...

In that filing, H Partners, an activist investor that holds a 10 percent stake in Tempur Sealy, recommended that the company's shareholders vote against the reelection of three of the board director nominations, including the company’s CEO Mark Sarvary...

(Reuters) - Two American Apparel shareholders have filed a lawsuit against the clothing and accessories retailer, alleging its founder and former Chief Executive Dov Charney was fired because he refused to sell the company...